Bourbon Gets Approval for Bond Payment Delay by One Year

first_imgFrench vessel owner and offshore services provider Bourbon has received approval from bondholders to postpone its next interest payment of €3.9 million by one year.The company has earlier initiated discussions with its main financial partners, both in France and abroad, in order to balance the servicing of its debt with the expected gradual market recovery and the corresponding upturn in the group’s performance.As a consequence, a general waiver should be finalized with Bourbon’s leasers and debt holders in order to allow the group to withhold all payments. Aiming at enabling all parties to negotiate quickly within a secured legal framework, this general waiver, that the group is confident to obtain, also demonstrates the goodwill of all parties to achieve a satisfactory debt reshaping, the company said.In this context, the group has suspended servicing both its leases and debt commitments, during the negotiation period. This allows Bourbon to focus on its operational priorities and market turnaround and should encourage all parties to make negotiations as short as possible.As part of the above mentioned negotiation, Bourbon has requested the consent of the general meeting of the bondholders to defer by one year the next interest payment date due under the bonds for an approximate amount of €3.9 million due on April 24, 2018 on April 24, 2019, which shall bear interest from October 24, 2018 (included) to April 24, 2019 (excluded) at the rate corresponding to the applicable rate to the bonds.The general meeting held on April 20 has authorized Bourbon to postpone this interest payment by one year.“The company is confident in its ability to find before year end a balanced solution with all its lenders – often long-standing partners – that suits all parties and allows the company to adapt its financing to its future development,” Bourbon said.last_img read more

Atlantic Coast Conference releases initial priorities for new autonomy structure

first_imgThe Atlantic Coast Conference has sent its the initial priorities as part of the NCAA’s new autonomy structure, the conference announced in a release Tuesday afternoon.The priorities were decided upon by the ACC’s Council of Presidents in lieu of the NCAA’s autonomy ruling in August, and are being sent to meet the NCAA’s Oct. 1 deadline.The autonomy structure allows power-conference teams to create rulings to enhance the welfare of student-athletes.Here is the list of the priorities the ACC will send along, from the release:Examination of scholarship protections for student-athletes;AdvertisementThis is placeholder text· Meeting a student-athlete’s cost of attendance.· Ensuring institutional flexibility to provide educational support for former student-athletes.· Examination of career-related insurance options for student-athletes.· Ensuring that nutritional needs of student-athletes are met in a reasonable way.The conference will also consider the time demands of student-athletes in regards to them being able to enjoy the full collegiate experience, according to the release.The ACC Council of Presidents had three subcommittees — consisting of five members each — to look into the how these topics related to prospective, current and former student-athletes. All 15 ACC schools were represented on those subcommittees.“The collegiate model is a very special part of this country’s educational system and culture, and we believe the priorities set forth continue to focus on the importance of better addressing the needs of our student-athletes,” ACC Commissioner John Swofford said.“The work that’s been done by our membership and now sent forth by the Council of Presidents shows a commitment to highlighting a more effective structure where these benefits can be realized.” Comments Published on September 30, 2014 at 5:48 pm Contact Sam: [email protected] | @SamBlum3 Facebook Twitter Google+last_img read more

Angels’ 2018 schedule

first_imgA month-by-month look at the Angels’ 2018 scheduleMARCH29 at Oakland, 1 p.m.30 at Oakland, 7 p.m.31 at Oakland, 1 p.m.APRIL1 at Oakland, 1 p.m.2 Cleveland, 7 p.m.3 Cleveland, 7 p.m.4 Cleveland, 1 p.m.6 Oakland, 7 p.m.7 Oakland, 6 p.m.8 Oakland, 1 p.m.9 at Texas, 5 p.m.10 at Texas, 5 p.m.11 at Texas, 5 p.m.12, at Kansas City, 5:15 p.m.13 at Kansas City, 5:15 p.m.14 at Kansas City, 4:15 p.m.15 at Kansas City, 11:15 a.m.17 Boston, 7 p.m.18 Boston, 7 p.m.19 Boston, 7 p.m.20 San Francisco, 7 p.m.21 San Francisco, 6 p.m.22 San Francisco, 1 p.m.23 at Houston , 5 p.m.24 at Houston, 5 p.m.25 at Houston, 11 a.m.27 NY Yankees, 7 p.m.28 NY Yankees, 6 p.m.29 NY Yankees, 5 p.m.MAY1 Baltimore, 7 p.m.2 Baltimore, 7 p.m.3 Baltimore, 7 p.m.4 at Seattle, 7 p.m.5 at Seattle, 6 p.m.6 at Seattle, 1 p.m.8 at Colorado, 5:30 p.m.9 at Colorado, noon10 Minnesota, 7 p.m.11 Minnesota, 7 p.m.12 Minnesota, 6 p.m.13 Minnesota, 1 p.m.14 Houston, 7 p.m.15 Houston, 7 p.m.16 Houston, 6:30 p.m.17 Tampa Bay, 7 p.m.18 Tampa Bay, 7 p.m.19 Tampa Bay, 6 p.m.20 Tampa Bay, 1 p.m.22 at Toronto, 4 p.m.23 at Toronto, 4 p.m.24 at Toronto, 9:30 a.m.25 at NY Yankees, 4 p.m.26 at NY Yankees, 4:15 p.m.27 at NY Yankees, 10 a.m.28 at Detroit, 10 a.m.29 at Detroit, 4 p.m.30 at Detroit, 4 p.m.31 at Detroit, 10 a.m. JUNE1 Texas, 7 p.m.2 Texas, 6 p.m.3 Texas, 1 p.m.4 Kansas City, 7 p.m.5 Kansas City, 7 p.m.6 Kansas City, 7 p.m.8 at Minnesota, 5 p.m.9 at Minnesota, 11 a.m.10 at Minnesota, 11 a.m.11 at Seattle, 7 p.m.12 at Seattle, 7 p.m.13 at Seattle, 1 p.m.15 at Oakland, 6:30 p.m.16 at Oakland, 1 p.m.17 at Oakland, 1 p.m.18 Arizona, 7 p.m.19 Arizona, 7 p.m.21 Toronto, 7 p.m.22 Toronto, 7 p.m.23 Toronto, 6 p.m.24 Toronto, 1 p.m.26 at Boston, 4 p.m.27 at Boston, 4 p.m.28 at Boston, 4 p.m.29 at Baltimore, 4 p.m.30 at Baltimore, 1 p.m.JULY1 at Baltimore, 10 a.m.3 at Seattle, 7 p.m.4 at Seattle, 1 p.m.5 at Seattle, 7 p.m.6 Dodgers, 7 p.m.7 Dodgers, 4:15 p.m.8 Dodgers, TBD10 Seattle, 7 p.m.11 Seattle, 7 p.m.12 Seattle, 7 p.m.13 at Dodgers, 7 p.m.14 at Dodgers, 4:15 p.m.15 at Dodgers, 1 p.m.20 Houston, 7 p.m.21 Houston, 4:15 p.m.22 Houston, 1 p.m.23 White Sox, 7 p.m.24 White Sox, 7 p.m.25 White Sox, 7 p.m.26 White Sox, 1 p.m.27 Seattle, 7 p.m.28 Seattle, 6 p.m.29 Seattle, 1 p.m.31 at Tampa Bay, 4 p.m.AUGUST1 at Tampa Bay, 4 p.m.2 at Tampa Bay, 10 a.m.3 at Cleveland, 4 p.m.4 at Cleveland, 4 p.m.5 at Cleveland, 10 a.m.6 Detroit, 7 p.m.7 Detroit, 7 p.m.8 Detroit, 1 p.m.10 Oakland, 7 p.m.11 Oakland, 6 p.m.12 Oakland, 1 p.m.13 at San Diego, 7 p.m.14 at San Diego, 7 p.m.15 at San Diego, 6 p.m.16 at Texas, 5 p.m.17 at Texas, 5 p.m.18 at Texas, 5 p.m.19 at Texas, noon21 at Arizona, 6:30 p.m.22 at Arizona, 6:30 p.m.24 Houston, 7 p.m.25 Houston, 6 p.m.26 Houston, TBD27 Colorado, 7 p.m.28 Colorado, 7 p.m.30 at Houston, 5 p.m.31 at Houston, 5 p.m.SEPTEMBER1 at Houston, 4 p.m.2 at Houston, 11 a.m.3 at Texas, 5 p.m.4 at Texas, 5 p.m.5 at Texas, 5 p.m.7 at White Sox, 5 p.m.8 at White Sox, 4 p.m.9 at White Sox, 11 a.m.10 Texas, 7 p.m.11 Texas, 7 p.m.12 Texas, 7 p.m.13 Seattle, 7 p.m.14 Seattle, 7 p.m.15 Seattle, 6 p.m.16 Seattle, 1 p.m.18 at Oakland, 7 p.m.19 at Oakland, 7 p.m.20 at Oakland, 12:30 p.m.21 at Houston, 5 p.m.22 at Houston, 4 p.m.23 at Houston, 11 a.m.24 Texas, 7 p.m.25 Texas, 7 p.m.26 Texas, 7 p.m.28 Oakland, 7 p.m.29 Oakland, 6 p.m.30 Oakland, noon Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

9 months agoBayern Munich chief Salihamidzic confirms talks for Atletico Madrid defender Lucas

first_imgTagsTransfersAbout the authorCarlos VolcanoShare the loveHave your say Bayern Munich chief Salihamidzic confirms talks for Atletico Madrid defender Lucasby Carlos Volcano9 months agoSend to a friendShare the loveBayern Munich chief Hasan Salihamidzic has confirmed interest in Atletico Madrid defender Lucas Hernandez.Bayern are prepared to meet Lucas’ buyout clause to the tune of €85m.However, Salihamidzic says any deal won’t happen until the end of the season.”We have already had conversations and there will be more,” he confirmed. “But him arriving in the winter is not realistic.” last_img read more

Trade deficit grows to 34 billion in August as exports move lower

first_imgOTTAWA – Canadian exports fell for a third month in a row as the country’s trade deficit increased in August, Statistics Canada said Thursday.The trade deficit came in at $3.4 billion for the month compared with a $3.0-billion deficit in July.The increase came as overall exports slipped 1.0 per cent to $43.6 billion in August. Export volumes fell 1.9 per cent for the month.Imports were virtually unchanged in August at $47 billion.“In case there was any doubt that peak Canadian growth is behind us, this report all but cements the case,” Bank of Montreal senior economist Robert Kavcic wrote in a report.The Canadian economy roared through the first six months of the year. The strength helped prompt the Bank of Canada to raise its key interest rate target twice; however, the pace of growth is expected to slow in the second half of the year.Kavcic said the trade results were “another argument for the Bank of Canada to take a breather.”The larger trade deficit came as exports of consumer goods and basic and industrial chemical, plastic and rubber products, as well as metal ores and non-metallic minerals moved lower. Exports excluding energy products were down 1.4 per cent.Meanwhile, imports of motor vehicles and parts climbed 2.5 per cent to $9.3 billion, while metal ores and non-metallic minerals rose 9.9 per cent to $1.2 billion.Imports of consumer goods fell 1.8 per cent to $10.1 billion.TD Bank economist Dina Ignjatovic said, going forward, a healthy U.S. economy should help to prop up demand for Canadian-made goods, supporting export volumes.“However, the appreciation of the loonie since early-September has somewhat reduced the competitiveness of Canadian exporters and could provide some offset,” Ignjatovic wrote in a note to clients.“The outcome of the NAFTA renegotiations also poses some risk, but with negotiations moving slowly, it is unlikely to impact trade this year.”Canada’s trade surplus with the United States narrowed to $2.3 billion in August compared with $3.2 billion in July as the Canadian dollar strengthened relative to the U.S. currency.The country’s trade deficit with countries other than the United States slipped to $5.7 billion in August compared with $6.2 billion in July.last_img read more

Quebec smalltown mayors upset over plans by Desjardins to close ATMs

first_imgMONTREAL – Some small-town mayors in Quebec are warning that a decision by the Desjardins credit-union movement to shut down automated teller machines in several communities will have a devastating impact.Denis Legare, the mayor of Notre-Dame-de-la Salette, says there will be no cash available in the western Quebec municipality when the town’s ATM is removed in mid-August.“Cutting the cash flow and asking our merchants to drive 24 kilometres (return) every night to do their nightly deposits (in another town), is going to kill the municipality,” Legare said in an interview Tuesday.He said the local credit union, which is located in the town hall, was opened in 1943 and is the only place where residents can do any banking.“Most of the business out in the small towns in the country is cash business,” he said. “When you go to a farmer to buy vegetables, you have to pay cash.”Legare added the town would like to stay with Desjardins, but that he’s already approached two banks about installing an ATM.‘”Once a small town loses its caisse populaire (credit union) and its church, there’s nothing there,” he said. “You might as well close the door behind you and leave.”Legare said a petition is circulating calling for a meeting to discuss the decision to yank the ATM and added a movement has begun throughout the province to try to get Desjardins to change its mind.At least half a dozen communities in the province are facing the prospect of losing their ATM.Louis-Georges Simard, the mayor of Riviere-Ouelle, a town in the Lower St. Lawrence region, says the banking machine in his town will be pulled out next Monday.He said that will have a big impact on many seniors in the community.“There are older people who are used to functioning with cash, but are not used to making electronic payments and that will take time,” Simard noted.He said while he understands technological change, Desjardins is moving too fast and he’s asking for a three-month moratorium.“I have no problem with the fact that, in five or 10 years, there won’t be any banking machines,” he said. “But I think Desjardins is pushing too hard on the accelerator.”Simard said people in his town are furious.‘I was with a group at a meeting in the municipality earlier today (Tuesday) and they had a lot to say against Desjardins — but I can’t repeat the words I heard,” he added.A Desjardins spokesman points out that any decisions to remove banking machines — or service counters — have been discussed in advance with members of the local credit union.“Directors with the local credit union, where decisions are made, follow a normal process,” Marc Villeneuve, a regional vice-president, said in an interview Tuesday.Villeneuve noted that Desjardins is seeing a reduction in the use of automated teller machines, as people turn to online banking.“Today, it’s less than seven per cent of our transactions that are made at banking machines,” he said.Villeneuve admitted it’s possible people may have to travel 10 to 12 kilometres between ATMs, “but we put machines where our members use them.”“If there are no grocery stores, no service stations, no pharmacy or post office. . .when there’s nothing open in a village, it’s difficult to explain why the ATMs should be kept operating,” he added.The company still has 2,000 ATMs in Quebec and Ontario, but says there are no plans to close those in Ontario.last_img read more

Calgary2026 Yes and No sides face off in CityNews debate

first_imgWaite maintains the games are not accessible for all Calgarians and most people would be watching the games on TV anyway and not actually attending them.“My day job is running an agency that serves families with disabilities… and none of them are accessing any those venues because they can’t afford them. It is not true that those venues are accessible to everybody and I would rather choose an investment path that serves more Calgarians like our brand new wonderful library.”READ MORE: #NoCalgary2026 of the Olympic debate braves the cold to get the message outRibeiro countered any lack of accessibility is just another reason we should push forward with an Olympic bid.“Every single one of those venues is going to be made accessible with universal design principles… I think that we are renewing those venues specifically to address that need–to make sure they’re more inclusive not just for people with disabilities but for seniors who we know are experiencing social isolation, that can get them out of the house,” adding he doesn’t agree with the idea that venues and events are not just for “elites.”As for the affordability of actually attending and watching events, Ribeiro said Calgary will be setting ticket prices. “Over 70 per cent of them will be under $142, over 30 per cent of them will be under $42. That’s cheaper than the average Flames game. The fact that this is going to be an inclusive games that appeals to a broad swath of people is something that’s going to be unique to Calgary. It’s set on our terms, from our community to serve as many people as possible.”RELATED ARTICLES:Environmental concerns about Olympic bidA cost breakdown of Calgary hosting 2026 Winter Games should city bid and win‘Eddie the Eagle’ among Olympians cheering for a Calgary 2026 bid at rallyWaite shot back, saying hundreds of thousands of Calgarians will not benefit from hosting the games. “It’s just a fact,” she said. “Accessibility is not [just] a matter of physical accessibility it’s also cost. When you have even $20 entry fees or tickets, the families we support can’t afford that. You have to acknowledge that most Calgarians are not the ones that benefit, it truly is an elite event.”Ribeiro said the economic, emotional, and social benefits still stand and the games would give people who need jobs.WATCH: Calgary 2026 Debate: Economic benefits 4. Your burning question: Why are other communities (Canmore, Whistler) not paying to be included in a Calgary games?“They are doing us a favour,” said Ribeiro, adding there has been a lot of misinformation spread. “We have ski jumps that would need to be torn down completely and rebuilt because they’re not the Olympic regulation height. We don’t use the towers anymore. We don’t need two Olympic regulation ski jumps next door to each other in Western Canada.”Ski jumping and Nordic combined events would be held in Whistler should Calgary win the 2026 Olympics. All the rest, according to Ribeiro, would be held within and benefiting Calgary and the Calgary region.READ MORE: Canmore moves ahead with Olympic process, but with conditions 3. Is there an economic benefit if Calgary and Calgarians were to host the Olympics?“The hard facts say that the economic claims are overstated, that the jobs in a bid book tend to be overstated by ten times. And I get that, it’s a marketing document,” she said.“Tourism in Vancouver in 2012 was less than in 2009 so they got a bump for a very short time. The benefits are overstated.”Ribeiro said even in a modest estimate an Olympics would still be a “net positive” for the city. “I’ll remind everyone again: Chamber of Commerce of Calgary, Calgary Economic Development, Tourism Calgary, Canada West Foundation, Ernst and Young report, all came to the same conclusion… They all say it’s a net positive benefit for the economy. I think this is now the time we need to pursue that.” Jason Ribeiro and Erin Waite faced off in a Yes vs. No debate over a potential 2026 Calgary Olympics. CityNews’ Mike Yawney hosted the Wednesday morning event. (Photo: Nick Blakney, CityNews) Waite said those potential benefits are conditional.“I can look at the hard facts of recent Olympics. We do know that in things like London, of the jobs created, half went to people who are not Londoners. If we look at what Calgary needs and what’s important for Calgary, we do have to look hard at those numbers and make sure that that kind of spend really maximizes the positive impact. I worry that because of all the things that added into the Olympics because it’s the IOC event and because it’s a very large pageant event… distracts from what Calgary needs,” she said.“I think we have better ideas and better options than the Olympics. We’ve done that, we did a great job, good for us. Let’s take value in that and then let’s do what we need now as a city.”Ribeiro said it goes beyond economic benefits. The Olympics can be a way to market Calgary as an amazing city to attract talent.“We don’t need the Olympics to make us a great city–we already are! But frankly, the billion dollars of free advertising that comes with an Olympic campaign will actually give us a platform to tell that story to the world…We need the bullhorn to be able to do that…“We have to look at the credibility behind the organizations that are supporting this that actually make a number of the economic decisions in this city, and the alignment with the 10-year strategy that city council passed unanimously. I think on every metric this dovetails with our goals.”Waite said she’s not afraid of a big project and that’s not why she’s against the bid. She pointed to other cities that bailed on Olympic bids and still managed to grow and attract business without the games.“Any kind of social or economic benefits are tacked on the side that you hope to get while you’re hosting a sporting event. I think Calgary, in this stage of its economic evolution, we need to be focused on the issues, some of our problems and really shape a clear vision going forward of what’s going to continue to strengthen and build our city. I just think tacking that goal on the side of an Olympics hosting is not going to get us there.WATCH: Calgary 2026 Debate: Your Questions Waite said it’s important to note that if you’re giving up two events to a B.C. venue, that region would reap the economic benefits; Ribeiro said what Calgary would lose in money by giving to events in Whistler would be marginal.“I am very confident that these are going to be set on our terms with our facility and frankly our intellectual capital,” he said, suggesting that other cities who have dropped their bids have done so because they aren’t Calgary.“We are probably the best winter-sport city, potentially on the planet.”Waite said all of Ribeiro’s points were perfect–for an IOC pitch, not necessarily for Calgarians. “There is a different path we could be on, it’s based on where we are currently economically, what we need to do economically. There is a lot more we can invest in like the new economy kinds of companies and the IT kind of world that we need to move into and that will help work on the downtown office vacancy and none of that will happen by focusing on the Olympics.”Waite called a potential games an event, to which Ribeiro didn’t disagree, but he said it’s also an injection and a catalyst for further growth.Advance polling stations close Wednesday night at 7 p.m. Calgarians who still need to vote will cast their ballots on Nov. 13.Click here to find out where you can vote. CALGARY (CITYNEWS) – Less than a week to go until Calgarians vote in a non-binding plebiscite and some people are still unsure of which little box to check.Both sides of the debate faced off on a special CityNews Facebook Live Wednesday morning, each trying to share their message and woo voters. During the hour-long debate, #YesCalgary2026‘s Jason Ribeiro and #NoCalgaryOlympics‘ Erin Waite debated a range of topics, including questions CityNews viewers and followers put forward.Here are the main points both sides touched on:1. Should Calgary host another Winter Games?Waite told host Mike Yawney Calgarians she’s heard from are still concerned about costs and potential overruns and who would be footing the bill.“Our position is simply that this is not the right project for Calgary now–we think we can do better than working with the IOC,” she said. “We would rather see our energy and our investment and our initiative go into those other things.”She added it’s imperative to look at the costs critically to make sure it all makes sense, since money coming from the city, province, and the federal government is all tax dollars.“It really adds up to a significant burden…The cost of hosting the Olympics simply isn’t the right project now,” she said, adding she personally doesn’t see the IOC as a good partner and the games always end up being shaped for the IOC and “what they want, not what Calgary needs”.She also said there’s a very high potential for cost overruns. She suggested putting money towards things Calgarians need and continuing to build on the old legacy of the 88 Games.On the other side, Ribeiro said there are three main reasons to host a seconds games, the first being to remember Calgary is an Olympic city.“We have a chance to renew that legacy and we have a chance to add the Paralympics to that equation,” he said. “The second is this will be an economic boom to our city–don’t take my word for it, take the Calgary Chamber of Commerce, Tourism Calgary, and Calgary Economic Development. And third is I think we have a chance to make this an incredibly inclusive games, one that will not just live in the downtown and the clusters but all the way to the north, south, east, and west.”He said while the ‘no’ side is continually finding problems and “poking holes in every element”, there have been no solutions brought forward.“Let’s be clear: these are dollars that would not be coming to Calgary [otherwise],” he said, adding the current Olympic bid deal struck with the city, province, and feds give Calgarians a good path forward economically and socially.WATCH: 2026 Olympic funding breakdown “These facilities that we’re reusing are incredibly important to the fabric of this city. It’s not just for elite athletes. It’s for families, for children. We have a chance to extend that legacy for 30 to 40 years and I have yet to hear [from the ‘no’ side] either on the economics or the healthy and active living and social welfare and wellbeing or sport and recreation angles a credible path to build a better city.”As far as who will be footing the bill for security goes, Ribeiro said the federal and provincial governments have agreed to cover first-response and emergency management and security costs. Waite suggests there’s still a risk for cost overruns related to security not at Olympic-specific venues.2. Can Calgary update athletic venues within the budget but still put on a world-class Olympic event?“Calgary taxpayers actually don’t pay for a number of these facilities; over 30 years 95 per cent of the costs for Olympic venues are borne by the federal government and the provincial government,” said Ribeiro. Waite circled back and said the venues included in the bid were dictated by the IOC, and are far from the new NHL arena that Calgarians want, or a new LRT line to the airport.“It’s money misspent,” she said.“[The notion that] Canada’s Olympic athletes all train here somehow because the IOC is making them do so I think is a little bit laughable,” Ribeiro said.“We are a winter-sport city and powerhouse building on that legacy of 88.”Ribeiro said since those games, Calgary has hosted over 220 world cups or championships in a variety of winter sports. “The notion that the IOC has directed that for 30 years I think is just not accurate,” he said, adding that the sports and facilities are well-used by Calgarians.“It is something that young people in all corners of the city can aspire to. There are public offerings like public skates, et cetera, subsidized programming through Winsport for 20,000 children a year, these are important. If folks want to tell you that Calgary doesn’t benefit from these and somehow someone in Europe is I think is just not factually accurate. It would cost us far more without a bid to maintain and upgrade these facilities for 30-40 years than without. I think that’s the essential point.”WATCH: Calgary 2026 Debate: Venueslast_img read more

Burnaby mayor wants more action on pipeline after meeting with Trudeau

first_imgHe characterized the meeting as a good start but said an initial discussion with Trudeau has to be backed up by concrete measures from the federal government, which is expected to announce a decision on the future of the project later this month.“I want to sit down and talk about the real issues in depth with people who are experts in that field to ensure that we’re getting the protection for our residents that we need,” Hurley said. “The prime minister and I talking about it doesn’t really produce anything.”Trudeau attended a street festival in Burnaby immediately after meeting with Hurley but did not take any questions from media.The Prime Minister’s Office said only that the meeting included representatives of the fire department and focused on local issues such as housing.Hurley said he told Trudeau that Burnaby is bearing the brunt of the risk for a twinned pipeline that the federal government purchased for $4.5 billion and the Alberta government is pushing to have built.“Everyone’s willing to put our community at risk to fulfil their needs and we need some answers,” Hurley said about the pipeline that would more than triple the amount of diluted bitumen flowing from the Edmonton area to a port in Burnaby. BURNABY, B.C. _ The mayor of Burnaby, B.C., says he met with Prime Minister Justin Trudeau to discuss his concerns about the risk of a fire at a tank farm in his city, which would be the terminus of an expanded Trans Mountain pipeline.Mike Hurley said he told Trudeau on Saturday that the facility on Burnaby Mountain is within five kilometres of forests and a residential area that would put thousands of lives in danger.“I said, ‘If it goes ahead, and I sincerely hope it doesn’t, we have to have some serious discussions around safety and protecting our residents,”’ said Hurley, a former firefighter. The National Energy Board endorsed the pipeline expansion earlier this year after reconsidering its effects on marine life off the coast of British Columbia.Last month, pro-pipeline protesters rallying outside a Calgary office tower during a clean energy announcement by federal Natural Resources Minister Amarjeet Sohi chanted “build the pipeline.”Sohi told reporters the government is working toward getting the pipeline built and has also said officials have been consulting with Indigenous communities.The proposal to twin the Trans Mountain pipeline was first approved by cabinet in 2016. The Federal Court of Appeal rescinded that decision in August, saying neither an environmental review nor Indigenous consultations had been properly completed.center_img “Any time you’re dealing with flammable liquids like oil there’s always a chance there can be a rupture of the tank, there can be a boilover of some sort within the tank that can cause really dangerous chemical reactions, not to mention fires that would come along with that.”Hurley said he doesn’t agree with Alberta’s ad campaign launched last week in an effort to sway people in favour of a pipeline that he and many residents of Burnaby do not support.He said the province’s focus on a future based on oil is “a fantasy.”“The good old days of the oil industry are over and they need to start preparing for a new economy,” he said.last_img read more

Two minors rescued from being married

first_imgNew Delhi: Delhi Commission for Protection of Child Rights (DCPCR) and Delhi Police on Monday said that they have prevented the marriage of two minor girls in Dwarka district. Samrah Mirza, member, DCPCR, told Millennium Post that they got the information from their volunteer regarding the crime and without wasting any time the child rights body shared the information with other stakeholders regarding the incident.”Soon the police personnel reached the spot and stopped the marriage,” said Mirza adding that one girl is aged between 17 and 18 and other 15 years. Investigation revealed that one of the girls was a few months away from attaining the age of majority and the age of other girl is being verified. One of the family told the cops that they will only marry the girl once she attains major age group. “The other family (groom) belongs to another state we have created awareness related to child marriage,” added officer. Also Read – Bangla Sahib Gurudwara bans use of all types of plastic itemsMeanwhile, the Delhi Police created awareness among the families regarding the menace and law related to child marriage. The child rights body had started mapping the city to know whether child marriages prevails in National Capital. According to DCPCR, the areas of New Delhi, North West, South West and Northeast districts are being studied. They have also held meetings with concerned stakeholders regarding this. According to official during the study, the DCPCR will identify the communities where the evil of child marriage still prevail and also the ill effect on health will also be studied. The parents will also be made aware of the crime and the importance of intervention during child marriage will also be part of the awareness programme. “We are creating awareness in community to report such kind of crime so that it can be curb quickly,” said Mirza. DCPCR official will also give focus on the clusters in national Capital to make sure that such type of evil did not prevails there.last_img read more